๐จCHINA PROSECUTORS PUSH TO PRESUME CRIMINAL INTENT FOR MIXERS AND PRIVACY COINS IN LAUNDERING CASES!
Chinese prosecutors are proposing new rules that would treat the use of crypto mixers or privacy coins as presumptive evidence of money laundering intent, unless the user provides strong counter-evidence.
The proposals also include making on-chain records and analytics reports admissible in court and creating a platform to sell seized crypto assets.
Major tightening of crypto regulations in China.